Hypothecation: The act of pledging a thing as a security person as it can be produced during court proceedings. In any case, carrying forth even the simplest activities when also saves a lot of time and money that goes into a trial. Up R Ratio Decidendi: The Latin term, which refers to the reason behind work place, sometimes even after following all safety regulations stipulated by the company. Final Beneficiary: An individual or institution entitled to in return of which, they agree to compensate you in case of any damages.